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Chesterfield Auto Repair Specialist Completes Deal


Wednesday 28th November 2012



Chesterfield-based ADR (Accident Repair Centres) has been sold to AutoRestore Limited to create a new fixed and mobile repair business.Chesterfield-based ADR (Accident Repair Centres) has been sold to AutoRestore Limited to create a new fixed and mobile repair business.

The company becomes the second largest vehicle body repair group in the UK, employing over 500 people.

AutoRestore is the sister company of AutoGlass, and part of the global Belron groupAutoRestore is the sister company of AutoGlass, and part of the global Belron group, the world's largest vehicle glass repair and replacement specialist which operates across 34 countries.

The company is best known for creating the mobile repair market 11 years ago and since then, has completed over 200,000 vehicle body repairs at customers' homes and workplaces within its patented mobile bodyshops.
 
AutoRestore is the sister company of AutoGlass, and part of the global Belron groupThe purchase of the Derbyshire company, which provides repair services for cars and vans, completed on 22nd November 2012 with Ian Marwood, Claire Davis and Krista Fox from Grant Thornton in Sheffield leading a Yorkshire team of advisers which represented the vendors. Legal advisers to the transaction were Nabarro in Sheffield - Jeremy Thompson advised.

Established 30 years ago by Andy Blair, ADR has grown to provide repair services from 11 centres from Warwick in the south to Pontefract in the north and is approved by most of the major motor insurers.

It has developed its own IT infrastructure and employs a team of developers to continually improve its systems.

Andy Blair, Managing Director of ADR, commented: "This is fantastic news for ADR customers and staff.  As part of a larger international group serving the automobile market, the company will be in a secure position to take advantage of opportunities to grow and develop.

"Having worked with Grant Thornton over the last four years, the firm has played a key role in our success providing a wide range of services from auditing to tax advice and now corporate finance expertise.

"Having advisers who really understand our business helped the sales process to run more smoothly."

Claire Davis of Grant Thornton added, "Andy started his career as a mechanic and built up the company from scratch - we're delighted to see his years of hard work realised. This is a mutually beneficial deal with the acquisition of ADR also strengthening Belron's offering by complementing its existing auto businesses."

 

 


 

 

 

 

 

 

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